If you are in Universal mode, you may select to apply international funding rules and select either Brazil or Netherlands from the Country drop down box. When Brazil is selected, ProVal will allow contributions to be negative. In other words, if the funding policy contribution is calculated to be less than 0, ProVal will not place a constraint of 0 on the contribution amount.

If you select Netherlands as the applicable country, the Country Params button will be accessible and you will be required to complete those parameters.

Enter the expected end-of-year value of the Minimum required surplus amount; if the surplus falls below this amount, withdrawals are not permitted. For example enter 105 for a 105% minimum required funded ratio, computed as the ratio of actuarial assets to actuarial liability.

Enter the expected end-of-year value of the Maximum required surplus amount; if the surplus exceeds this amount, withdrawals and contribution holidays are permitted. For example enter 110 for a 110% threshold funded ratio, computed as the ratio of actuarial assets to actuarial liability.

For the Contribution strategy, you have a choice to Prepay contributions, with withdrawal subject to minimum surplus limit or to take a Contribution holiday at maximum required surplus. If you elect to prepay contributions, then contributions are assumed made according to the selected Contribution Policy, regardless of the percent limit entered as the Maximum required surplus, but prior year contributions are withdrawn to the extent that the beginning-of-year funded ratio (ratio of actuarial assets to actuarial liability) exceeds the percent entered as the Minimum required surplus.

If the Withdraw surplus over maximum required surplus box is checked, the excess percent of assets over the Maximum required surplus is withdrawn, in accordance with the Withdrawal frequency (discussed below).

If either you elect to prepay contributions or you limit the assets to the maximum required surplus and check the box to withdraw the excess, the Withdrawal frequency: every n year(s) parameter is accessible. Enter the withdrawal frequency (for example, “1” to withdraw every year, “2” to withdraw every other year) of either excess contributions, under the prepay contribution strategy, or excess surplus, under the strategy to withdraw surplus amounts that exceed the